« Back to all home prices

Mortgage Payment Schedule for a $550,000 Home

The mortgage payment schedule, also commonly referred to as an amortization table or schedule, is dependent on three factors - down payment, interest rate and term length. Modify them below if needed before viewing the payment schedule. The default values are based on a down payment of 20% and the current 30-year fixed mortgage rate average from Freddie Mac as of February 15, 2018. Check LendingTree to see current rates from multiple lenders or view the mortgage providers listed below.

Mortgage Parameters


Less than 20% ($110,000) may require pre-mortgage insurance


4.38% is current rate for 30-year fixed
3.84% is current rate for 15-year fixed

Mortgage Summary

Monthly PaymentNumber of PaymentsTotal InterestTotal Paid
$2,198 360 $351,335 $791,335

Mortgage Payment Schedule

PaymentInterestPrincipalBalance
Home Purchase  $550,000
Down Payment $110,000$440,000
Year 1 - 1 ($2,198)$1,606$592$439,408
2 ($2,198)$1,604$594$438,814
3 ($2,198)$1,602$596$438,217
4 ($2,198)$1,599$599$437,618
5 ($2,198)$1,597$601$437,018
6 ($2,198)$1,595$603$436,415
7 ($2,198)$1,593$605$435,809
8 ($2,198)$1,591$607$435,202
9 ($2,198)$1,588$610$434,592
10 ($2,198)$1,586$612$433,980
11 ($2,198)$1,584$614$433,366
12 ($2,198)$1,582$616$432,750
Year 2 - 13 ($2,198)$1,580$619$432,131
14 ($2,198)$1,577$621$431,510
15 ($2,198)$1,575$623$430,887
16 ($2,198)$1,573$625$430,262
17 ($2,198)$1,570$628$429,634
18 ($2,198)$1,568$630$429,004
19 ($2,198)$1,566$632$428,372
20 ($2,198)$1,564$635$427,737
21 ($2,198)$1,561$637$427,100
22 ($2,198)$1,559$639$426,461
23 ($2,198)$1,557$642$425,819
24 ($2,198)$1,554$644$425,176
Year 3 - 25 ($2,198)$1,552$646$424,529
26 ($2,198)$1,550$649$423,881
27 ($2,198)$1,547$651$423,230
28 ($2,198)$1,545$653$422,576
29 ($2,198)$1,542$656$421,921
30 ($2,198)$1,540$658$421,262
31 ($2,198)$1,538$661$420,602
32 ($2,198)$1,535$663$419,939
33 ($2,198)$1,533$665$419,274
34 ($2,198)$1,530$668$418,606
35 ($2,198)$1,528$670$417,935
36 ($2,198)$1,525$673$417,263
Year 4 - 37 ($2,198)$1,523$675$416,588
38 ($2,198)$1,521$678$415,910
39 ($2,198)$1,518$680$415,230
40 ($2,198)$1,516$683$414,547
41 ($2,198)$1,513$685$413,862
42 ($2,198)$1,511$688$413,175
43 ($2,198)$1,508$690$412,485
44 ($2,198)$1,506$693$411,792
45 ($2,198)$1,503$695$411,097
46 ($2,198)$1,501$698$410,399
47 ($2,198)$1,498$700$409,699
48 ($2,198)$1,495$703$408,996
Year 5 - 49 ($2,198)$1,493$705$408,291
50 ($2,198)$1,490$708$407,583
51 ($2,198)$1,488$710$406,873
52 ($2,198)$1,485$713$406,160
53 ($2,198)$1,482$716$405,444
54 ($2,198)$1,480$718$404,726
55 ($2,198)$1,477$721$404,005
56 ($2,198)$1,475$724$403,281
57 ($2,198)$1,472$726$402,555
58 ($2,198)$1,469$729$401,826
59 ($2,198)$1,467$731$401,095
60 ($2,198)$1,464$734$400,361
Year 6 - 61 ($2,198)$1,461$737$399,624
62 ($2,198)$1,459$740$398,884
63 ($2,198)$1,456$742$398,142
64 ($2,198)$1,453$745$397,397
65 ($2,198)$1,450$748$396,649
66 ($2,198)$1,448$750$395,899
67 ($2,198)$1,445$753$395,146
68 ($2,198)$1,442$756$394,390
69 ($2,198)$1,440$759$393,631
70 ($2,198)$1,437$761$392,870
71 ($2,198)$1,434$764$392,106
72 ($2,198)$1,431$767$391,339
Year 7 - 73 ($2,198)$1,428$770$390,569
74 ($2,198)$1,426$773$389,797
75 ($2,198)$1,423$775$389,021
76 ($2,198)$1,420$778$388,243
77 ($2,198)$1,417$781$387,462
78 ($2,198)$1,414$784$386,678
79 ($2,198)$1,411$787$385,891
80 ($2,198)$1,409$790$385,102
81 ($2,198)$1,406$793$384,309
82 ($2,198)$1,403$795$383,514
83 ($2,198)$1,400$798$382,715
84 ($2,198)$1,397$801$381,914
Year 8 - 85 ($2,198)$1,394$804$381,110
86 ($2,198)$1,391$807$380,303
87 ($2,198)$1,388$810$379,493
88 ($2,198)$1,385$813$378,680
89 ($2,198)$1,382$816$377,864
90 ($2,198)$1,379$819$377,045
91 ($2,198)$1,376$822$376,223
92 ($2,198)$1,373$825$375,398
93 ($2,198)$1,370$828$374,570
94 ($2,198)$1,367$831$373,739
95 ($2,198)$1,364$834$372,905
96 ($2,198)$1,361$837$372,068
Year 9 - 97 ($2,198)$1,358$840$371,228
98 ($2,198)$1,355$843$370,385
99 ($2,198)$1,352$846$369,538
100 ($2,198)$1,349$849$368,689
101 ($2,198)$1,346$852$367,837
102 ($2,198)$1,343$856$366,981
103 ($2,198)$1,339$859$366,122
104 ($2,198)$1,336$862$365,261
105 ($2,198)$1,333$865$364,396
106 ($2,198)$1,330$868$363,528
107 ($2,198)$1,327$871$362,656
108 ($2,198)$1,324$874$361,782
Year 10 - 109 ($2,198)$1,321$878$360,904
110 ($2,198)$1,317$881$360,023
111 ($2,198)$1,314$884$359,139
112 ($2,198)$1,311$887$358,252
113 ($2,198)$1,308$891$357,361
114 ($2,198)$1,304$894$356,468
115 ($2,198)$1,301$897$355,571
116 ($2,198)$1,298$900$354,670
117 ($2,198)$1,295$904$353,767
118 ($2,198)$1,291$907$352,860
119 ($2,198)$1,288$910$351,949
120 ($2,198)$1,285$914$351,036
Year 11 - 121 ($2,198)$1,281$917$350,119
122 ($2,198)$1,278$920$349,199
123 ($2,198)$1,275$924$348,275
124 ($2,198)$1,271$927$347,348
125 ($2,198)$1,268$930$346,418
126 ($2,198)$1,264$934$345,484
127 ($2,198)$1,261$937$344,547
128 ($2,198)$1,258$941$343,607
129 ($2,198)$1,254$944$342,663
130 ($2,198)$1,251$947$341,715
131 ($2,198)$1,247$951$340,764
132 ($2,198)$1,244$954$339,810
Year 12 - 133 ($2,198)$1,240$958$338,852
134 ($2,198)$1,237$961$337,891
135 ($2,198)$1,233$965$336,926
136 ($2,198)$1,230$968$335,958
137 ($2,198)$1,226$972$334,986
138 ($2,198)$1,223$975$334,010
139 ($2,198)$1,219$979$333,031
140 ($2,198)$1,216$983$332,049
141 ($2,198)$1,212$986$331,062
142 ($2,198)$1,208$990$330,073
143 ($2,198)$1,205$993$329,079
144 ($2,198)$1,201$997$328,082
Year 13 - 145 ($2,198)$1,197$1,001$327,082
146 ($2,198)$1,194$1,004$326,077
147 ($2,198)$1,190$1,008$325,069
148 ($2,198)$1,187$1,012$324,058
149 ($2,198)$1,183$1,015$323,042
150 ($2,198)$1,179$1,019$322,023
151 ($2,198)$1,175$1,023$321,000
152 ($2,198)$1,172$1,027$319,974
153 ($2,198)$1,168$1,030$318,944
154 ($2,198)$1,164$1,034$317,910
155 ($2,198)$1,160$1,038$316,872
156 ($2,198)$1,157$1,042$315,830
Year 14 - 157 ($2,198)$1,153$1,045$314,785
158 ($2,198)$1,149$1,049$313,736
159 ($2,198)$1,145$1,053$312,683
160 ($2,198)$1,141$1,057$311,626
161 ($2,198)$1,137$1,061$310,565
162 ($2,198)$1,134$1,065$309,501
163 ($2,198)$1,130$1,068$308,432
164 ($2,198)$1,126$1,072$307,360
165 ($2,198)$1,122$1,076$306,283
166 ($2,198)$1,118$1,080$305,203
167 ($2,198)$1,114$1,084$304,119
168 ($2,198)$1,110$1,088$303,031
Year 15 - 169 ($2,198)$1,106$1,092$301,939
170 ($2,198)$1,102$1,096$300,843
171 ($2,198)$1,098$1,100$299,743
172 ($2,198)$1,094$1,104$298,639
173 ($2,198)$1,090$1,108$297,530
174 ($2,198)$1,086$1,112$296,418
175 ($2,198)$1,082$1,116$295,302
176 ($2,198)$1,078$1,120$294,182
177 ($2,198)$1,074$1,124$293,057
178 ($2,198)$1,070$1,128$291,929
179 ($2,198)$1,066$1,133$290,796
180 ($2,198)$1,061$1,137$289,660
Year 16 - 181 ($2,198)$1,057$1,141$288,519
182 ($2,198)$1,053$1,145$287,374
183 ($2,198)$1,049$1,149$286,224
184 ($2,198)$1,045$1,153$285,071
185 ($2,198)$1,041$1,158$283,913
186 ($2,198)$1,036$1,162$282,751
187 ($2,198)$1,032$1,166$281,585
188 ($2,198)$1,028$1,170$280,415
189 ($2,198)$1,024$1,175$279,240
190 ($2,198)$1,019$1,179$278,061
191 ($2,198)$1,015$1,183$276,878
192 ($2,198)$1,011$1,188$275,691
Year 17 - 193 ($2,198)$1,006$1,192$274,499
194 ($2,198)$1,002$1,196$273,302
195 ($2,198)$998$1,201$272,102
196 ($2,198)$993$1,205$270,897
197 ($2,198)$989$1,209$269,688
198 ($2,198)$984$1,214$268,474
199 ($2,198)$980$1,218$267,255
200 ($2,198)$975$1,223$266,033
201 ($2,198)$971$1,227$264,806
202 ($2,198)$967$1,232$263,574
203 ($2,198)$962$1,236$262,338
204 ($2,198)$958$1,241$261,097
Year 18 - 205 ($2,198)$953$1,245$259,852
206 ($2,198)$948$1,250$258,603
207 ($2,198)$944$1,254$257,348
208 ($2,198)$939$1,259$256,089
209 ($2,198)$935$1,263$254,826
210 ($2,198)$930$1,268$253,558
211 ($2,198)$925$1,273$252,285
212 ($2,198)$921$1,277$251,008
213 ($2,198)$916$1,282$249,726
214 ($2,198)$911$1,287$248,439
215 ($2,198)$907$1,291$247,148
216 ($2,198)$902$1,296$245,852
Year 19 - 217 ($2,198)$897$1,301$244,551
218 ($2,198)$893$1,306$243,246
219 ($2,198)$888$1,310$241,935
220 ($2,198)$883$1,315$240,620
221 ($2,198)$878$1,320$239,300
222 ($2,198)$873$1,325$237,976
223 ($2,198)$869$1,330$236,646
224 ($2,198)$864$1,334$235,312
225 ($2,198)$859$1,339$233,972
226 ($2,198)$854$1,344$232,628
227 ($2,198)$849$1,349$231,279
228 ($2,198)$844$1,354$229,925
Year 20 - 229 ($2,198)$839$1,359$228,566
230 ($2,198)$834$1,364$227,202
231 ($2,198)$829$1,369$225,834
232 ($2,198)$824$1,374$224,460
233 ($2,198)$819$1,379$223,081
234 ($2,198)$814$1,384$221,697
235 ($2,198)$809$1,389$220,308
236 ($2,198)$804$1,394$218,914
237 ($2,198)$799$1,399$217,515
238 ($2,198)$794$1,404$216,111
239 ($2,198)$789$1,409$214,701
240 ($2,198)$784$1,414$213,287
Year 21 - 241 ($2,198)$778$1,420$211,867
242 ($2,198)$773$1,425$210,442
243 ($2,198)$768$1,430$209,012
244 ($2,198)$763$1,435$207,577
245 ($2,198)$758$1,440$206,136
246 ($2,198)$752$1,446$204,691
247 ($2,198)$747$1,451$203,240
248 ($2,198)$742$1,456$201,783
249 ($2,198)$737$1,462$200,322
250 ($2,198)$731$1,467$198,855
251 ($2,198)$726$1,472$197,382
252 ($2,198)$720$1,478$195,905
Year 22 - 253 ($2,198)$715$1,483$194,422
254 ($2,198)$710$1,489$192,933
255 ($2,198)$704$1,494$191,439
256 ($2,198)$699$1,499$189,940
257 ($2,198)$693$1,505$188,435
258 ($2,198)$688$1,510$186,924
259 ($2,198)$682$1,516$185,409
260 ($2,198)$677$1,521$183,887
261 ($2,198)$671$1,527$182,360
262 ($2,198)$666$1,533$180,828
263 ($2,198)$660$1,538$179,290
264 ($2,198)$654$1,544$177,746
Year 23 - 265 ($2,198)$649$1,549$176,196
266 ($2,198)$643$1,555$174,641
267 ($2,198)$637$1,561$173,081
268 ($2,198)$632$1,566$171,514
269 ($2,198)$626$1,572$169,942
270 ($2,198)$620$1,578$168,364
271 ($2,198)$615$1,584$166,781
272 ($2,198)$609$1,589$165,191
273 ($2,198)$603$1,595$163,596
274 ($2,198)$597$1,601$161,995
275 ($2,198)$591$1,607$160,388
276 ($2,198)$585$1,613$158,775
Year 24 - 277 ($2,198)$580$1,619$157,157
278 ($2,198)$574$1,625$155,532
279 ($2,198)$568$1,630$153,902
280 ($2,198)$562$1,636$152,265
281 ($2,198)$556$1,642$150,623
282 ($2,198)$550$1,648$148,975
283 ($2,198)$544$1,654$147,320
284 ($2,198)$538$1,660$145,660
285 ($2,198)$532$1,666$143,993
286 ($2,198)$526$1,673$142,321
287 ($2,198)$519$1,679$140,642
288 ($2,198)$513$1,685$138,957
Year 25 - 289 ($2,198)$507$1,691$137,266
290 ($2,198)$501$1,697$135,569
291 ($2,198)$495$1,703$133,866
292 ($2,198)$489$1,710$132,156
293 ($2,198)$482$1,716$130,440
294 ($2,198)$476$1,722$128,718
295 ($2,198)$470$1,728$126,990
296 ($2,198)$464$1,735$125,255
297 ($2,198)$457$1,741$123,514
298 ($2,198)$451$1,747$121,767
299 ($2,198)$444$1,754$120,013
300 ($2,198)$438$1,760$118,253
Year 26 - 301 ($2,198)$432$1,767$116,487
302 ($2,198)$425$1,773$114,714
303 ($2,198)$419$1,779$112,934
304 ($2,198)$412$1,786$111,148
305 ($2,198)$406$1,792$109,356
306 ($2,198)$399$1,799$107,557
307 ($2,198)$393$1,806$105,751
308 ($2,198)$386$1,812$103,939
309 ($2,198)$379$1,819$102,120
310 ($2,198)$373$1,825$100,295
311 ($2,198)$366$1,832$98,463
312 ($2,198)$359$1,839$96,624
Year 27 - 313 ($2,198)$353$1,845$94,779
314 ($2,198)$346$1,852$92,927
315 ($2,198)$339$1,859$91,068
316 ($2,198)$332$1,866$89,202
317 ($2,198)$326$1,873$87,329
318 ($2,198)$319$1,879$85,450
319 ($2,198)$312$1,886$83,564
320 ($2,198)$305$1,893$81,670
321 ($2,198)$298$1,900$79,770
322 ($2,198)$291$1,907$77,863
323 ($2,198)$284$1,914$75,949
324 ($2,198)$277$1,921$74,029
Year 28 - 325 ($2,198)$270$1,928$72,101
326 ($2,198)$263$1,935$70,166
327 ($2,198)$256$1,942$68,224
328 ($2,198)$249$1,949$66,274
329 ($2,198)$242$1,956$64,318
330 ($2,198)$235$1,963$62,355
331 ($2,198)$228$1,971$60,384
332 ($2,198)$220$1,978$58,406
333 ($2,198)$213$1,985$56,421
334 ($2,198)$206$1,992$54,429
335 ($2,198)$199$1,999$52,430
336 ($2,198)$191$2,007$50,423
Year 29 - 337 ($2,198)$184$2,014$48,409
338 ($2,198)$177$2,021$46,387
339 ($2,198)$169$2,029$44,359
340 ($2,198)$162$2,036$42,322
341 ($2,198)$154$2,044$40,279
342 ($2,198)$147$2,051$38,228
343 ($2,198)$140$2,059$36,169
344 ($2,198)$132$2,066$34,103
345 ($2,198)$124$2,074$32,029
346 ($2,198)$117$2,081$29,948
347 ($2,198)$109$2,089$27,859
348 ($2,198)$102$2,096$25,763
Year 30 - 349 ($2,198)$94$2,104$23,658
350 ($2,198)$86$2,112$21,547
351 ($2,198)$79$2,120$19,427
352 ($2,198)$71$2,127$17,300
353 ($2,198)$63$2,135$15,165
354 ($2,198)$55$2,143$13,022
355 ($2,198)$48$2,151$10,871
356 ($2,198)$40$2,158$8,713
357 ($2,198)$32$2,166$6,547
358 ($2,198)$24$2,174$4,372
359 ($2,198)$16$2,182$2,190
360 ($2,198)$8$2,190$0
TOTALS$351,335$440,000$791,335

Disclaimer

This information is provided "as-is" and should only be used for general informational purposes. All costs were rounded to the nearest dollar to make the page more legible. There may be additional costs associated with the mortgage, including taxes, fees, insurance, homeowner association membership, etc. that could affect the monthly payment amount. Although the cost calculations are believed to be reliable, its accuracy is not warranted in any way.